Filing Details

Accession Number:
0001181431-12-009505
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-16 16:21:33
Reporting Period:
2012-02-15
Filing Date:
2012-02-16
Accepted Time:
2012-02-16 16:21:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1408278 Synacor Inc. SYNC Services-Computer Programming, Data Processing, Etc. (7370) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1541436 Jordan Levy One Hsbc Center, Suite 3850
Buffalo NY 14203
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2011-12-14 2,702 $0.00 369,610 No 4 G Direct
Common Stock Disposition 2011-12-14 2,702 $0.00 366,908 No 4 G Direct
Common Stock Acquisiton 2011-12-14 2,702 $0.00 2,702 No 4 G Indirect By son.
Common Stock Disposition 2011-12-14 75,861 $0.00 291,047 No 4 G Direct
Common Stock Acquisiton 2012-01-06 36,001 $0.20 327,048 No 4 M Direct
Common Stock Acquisiton 2012-01-06 115,722 $0.04 442,770 No 4 M Direct
Common Stock Disposition 2012-02-15 9,677 $5.00 433,093 No 4 S Direct
Common Stock Acquisiton 2012-02-15 64,104 $0.00 143,507 No 4 C Indirect See footnote
Common Stock Acquisiton 2012-02-15 37,500 $0.00 181,007 No 4 C Indirect See footnote
Common Stock Acquisiton 2012-02-15 12,540 $0.00 193,547 No 4 C Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 G Direct
No 4 G Direct
No 4 G Indirect By son.
No 4 G Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 C Indirect See footnote
No 4 C Indirect See footnote
No 4 C Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Director Stock Option (right to purchase) Acquisiton 2011-08-16 17,500 $0.00 17,500 $3.32
Common Stock Director Stock Option (right to purchase) Disposition 2012-01-06 115,722 $0.00 115,722 $0.04
Common Stock Director Stock Option (right to purchase) Disposition 2012-01-06 36,001 $0.00 36,001 $0.20
Common Stock Series A Preferred Stock Disposition 2012-02-15 64,104 $0.00 64,104 $0.00
Common Stock Series B Preferred Stock Disposition 2012-02-15 27,000 $0.00 27,000 $0.00
Common Stock Series B Preferred Stock Disposition 2012-02-15 10,500 $0.00 10,500 $0.00
Common Stock Series C Preferred Stock Disposition 2012-02-15 12,540 $0.00 12,540 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
17,500 2021-08-15 No 4 A Direct
0 2013-03-12 No 4 M Direct
0 2014-11-17 No 4 M Direct
0 2002-11-18 No 4 C Indirect
0 2004-10-01 No 4 C Indirect
0 2005-01-25 No 4 C Indirect
0 2006-10-19 No 4 C Indirect
Footnotes
  1. This transaction involved a gift of securities by the Reporting Person to his son. The reporting person disclaims beneficial ownership of the shares held by his son.
  2. The preferred stock converted into common stock of the Issuer on a 1.5 for one basis and had no expiration date.
  3. Held directly by JoRon Management LLC, of which the Reporting Person is one of two managers. The Reporting Person disclaims beneficial ownership of the shares held by JoRon Management LLC except to the extent of his pecuniary interest therein.
  4. The option was exercisable on the date of grant. Shares purchased upon exercise of the option are subject to repurchase by the Issuer until vested. 33% of the shares subject to the option vested on September 1, 2011. 33% of the shares subject to the option will vest on September 1, 2012 and 34% of the shares subject to the option will vest on September 1, 2013, subject to the Reporting Person's continuous service through such date.
  5. The option was exercisable on the date of grant. Shares purchased under the option were subject to repurchase by the Issuer until vested. The shares vested in 48 equal monthly installments from December 18, 2002 through 2006, subject to the Reporting Person's continuous service through such dates.
  6. The option was exercisable on the date of grant. Shares purchased under the option were subject to repurchase by the Issuer until vested. The shares vested 25% on October 1, 2005 and in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service through such dates.